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Apr 22, 2013
04/13
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to the donors and funders, and perhaps shed light on the institution in islam, the obligatory annual tax on businesses. even though an amount goes to charitable causes, a portion by shoulsharia law is to go to jih. >> mike: marc, if you were giving us recommendations in the u.s., how to make our streets, cities safer, give us specific things that we're probably going to need to do. >> governor, picking up body parts, dealing with the scenes we saw in boston -- i was in boston just over a year ago, in the very same place, in fact, having a lunch. and these are the scenes that no one wants to deal with. this is the trauma. this is the -- the trauma that's going to stick with people forever. we need to understand a couple of things before we go into how to protect and be proactive. we need to understand that this is a scene that's going to cause many, many people for a long time a lot of trauma. the investigation, as claire correctly said, will lead to many trials, be a lot of speculation, until there's answers. the investigation is still going on. the boston police did an amazing job. the
to the donors and funders, and perhaps shed light on the institution in islam, the obligatory annual tax on businesses. even though an amount goes to charitable causes, a portion by shoulsharia law is to go to jih. >> mike: marc, if you were giving us recommendations in the u.s., how to make our streets, cities safer, give us specific things that we're probably going to need to do. >> governor, picking up body parts, dealing with the scenes we saw in boston -- i was in boston just...
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Apr 15, 2013
04/13
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KICU
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tax season. from all of us at first business.. have a great monday..
tax season. from all of us at first business.. have a great monday..
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a profit that's a very reasonable and sensible assertion by which they could all end up paying more tax evasion and ultimately then helping government no doubt simply will not work all they will do is drive business out of the e.u. they'll go to somewhere like moscow where they've got a very enlightened tax regime and a growing financial center. from d.v. advisors thank you very much indeed for your time today very much appreciated. russia's controversial economic amnesty law has been back in focus this week the bill means a formal oil tycoon mikhail khodorkovsky and his business partner platter on the better of our serving in nine years sentence for foreign tax evasion charges and will now be released from prison two months early some of the economic crimes that qualify for amnesty include business fraud money laundering and tax evasion this new law has been embraced by the business community seen as a step towards making russia more investor friendly. and outside for some corporate news the owner of russia's biggest our minion producer roussel that a pastor is closing factories across
a profit that's a very reasonable and sensible assertion by which they could all end up paying more tax evasion and ultimately then helping government no doubt simply will not work all they will do is drive business out of the e.u. they'll go to somewhere like moscow where they've got a very enlightened tax regime and a growing financial center. from d.v. advisors thank you very much indeed for your time today very much appreciated. russia's controversial economic amnesty law has been back in...
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Oct 21, 2013
10/13
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tax revenues will be $3 trillion. i don't have great faith in the confidence of the federal government, but even i think that with $3 trillion a could somehow figure out how to prioritize spending said that they paid a $2,305,000,000,000 of interest on the debt so we did not default. would it be messy, hassle? yes, of course. this whole notion that we would default without an increase in the debt ceiling was either dishonest or ignorant. john: i want to point out that people in the street did not know. yes, we should cut. people had no idea what to cut. what would you cut? >> so when i get? >> so when i cut. >> that's a tough question. john: what would you cut? >> i don't know, to tell you the truth. john: they just don't know. >> we need reforms to entitlements for this country to be sustainable, and i would recommend having some sort of cap on federal spending so that we can have a real conversation about what size the federal government should be. >> all we need to do is limit government so that it grows at the rat
tax revenues will be $3 trillion. i don't have great faith in the confidence of the federal government, but even i think that with $3 trillion a could somehow figure out how to prioritize spending said that they paid a $2,305,000,000,000 of interest on the debt so we did not default. would it be messy, hassle? yes, of course. this whole notion that we would default without an increase in the debt ceiling was either dishonest or ignorant. john: i want to point out that people in the street did...
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Jul 1, 2013
07/13
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other taxes going up - gasoline. in california, maryland, virginia, kentucky, connecticut and vermont. "the fuel taxes, now's the time to raise them, because in the summer, more people are traveling." but elyashar says a gas tax is not a consistant source of revenue. students are facing higher costs, also - not a tax, but the interest rate on student loans is going up. an estimated 7 million students who plan to take out or renew loans after july 1st will find interest rates double from 3.4% to 6.8%. the hike in student loan interest rate does not affect the 37 million americans paying off existing loans. as we mentioned, today marks the start of the second half of the year. people on wall street are leery about whether the economy will pick up steam during the next 6 months. the s&p 500 is up more than 12% already this year. scott wren of wells fargo advisors predicts an uptick to 1700 in the s&p by the end of the year. "i think that the fundamentals are in place: we're in a modest-growth, modest-inflation environme
other taxes going up - gasoline. in california, maryland, virginia, kentucky, connecticut and vermont. "the fuel taxes, now's the time to raise them, because in the summer, more people are traveling." but elyashar says a gas tax is not a consistant source of revenue. students are facing higher costs, also - not a tax, but the interest rate on student loans is going up. an estimated 7 million students who plan to take out or renew loans after july 1st will find interest rates double...
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Feb 25, 2013
02/13
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you pay taxes now, but the withdrawals in retirement are tax free. > >but doesn't that mean a big hit up front for some people? > >if you're looking at converting some of your existing 401k balance into the roth 401k yes you will pay a big tax because all that money that previously hadn't been taxed now gets treated as taxable income. so i think that's going to be a hindrance to a lot of people being able to take advantage of it because you have to pay those taxes with money outside the 401k for it to really pay off. > >what are some other places then to put money? > >look at an ira. a lot of people think its either or between a 401k and an ira but the reality is you can and should have both. take advantage of your employer match on the 401k first but then look to maximize that roth ira as much as you can. > >what about people who are now reaching that retirement age. they have been putting away money faithfully and they have to draw down and they need a safe place to harbor some of that money but they are forced to take some of it out. > >taking the required minimum distributions but
you pay taxes now, but the withdrawals in retirement are tax free. > >but doesn't that mean a big hit up front for some people? > >if you're looking at converting some of your existing 401k balance into the roth 401k yes you will pay a big tax because all that money that previously hadn't been taxed now gets treated as taxable income. so i think that's going to be a hindrance to a lot of people being able to take advantage of it because you have to pay those taxes with money outside...
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Feb 15, 2013
02/13
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coming up next week, tips to make sure your tax refund doesn't wind up in someone else's wallet. from all of us at first business, have a wonderful weekend.
coming up next week, tips to make sure your tax refund doesn't wind up in someone else's wallet. from all of us at first business, have a wonderful weekend.
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Jan 4, 2013
01/13
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let me ask you, now that the deal has been made, at least for taxes, do you think small business owners are relieved and optimistic? > > i think they are absolutely relieved, because there is a lot more money in the pockets of consumers, or at least there will be going forward, than what would have happened in the fiscal cliff situation. so, i think they are relieved in the short-term that there is more money that will be spent on main street, and maybe we can see some more growth this year, and hopefully more growth than we have seen in 2012. > now with the sequestration, the debt limit ceiling that has to be raised and negotiated, those things hanging unresolved, how does that play with small businesses? > > that is the second part of your question, are they optimistic? and i don't think they are as optimistic over the long-term, because i think they are concerned that we don't have a long-term fix for a lot of the challenges that we face right now: those things in terms of the second sequestration, which could reduce certainly spending, will be a big challenge for them, as well as so
let me ask you, now that the deal has been made, at least for taxes, do you think small business owners are relieved and optimistic? > > i think they are absolutely relieved, because there is a lot more money in the pockets of consumers, or at least there will be going forward, than what would have happened in the fiscal cliff situation. so, i think they are relieved in the short-term that there is more money that will be spent on main street, and maybe we can see some more growth this...
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Dec 3, 2013
12/13
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we have a cook county tax, city tax, an epa tax and a variable state tax that is as high as the price of gasoline goes, the higher the price of the taxes. you have to put a stop to the madness and just raising raisine federal tax, it's going to kick consumers in the teeth who are already struggling from higher healthcare cos, uncertain job market, and now late rates the gas taxes. nothing that hurts the american consumer more than higher gas taxes. i'm the first guy who hears about it when tax goes up. >> let's find out where it went and if it's not enough, we can allocate every penny. have at it. but it's wrong. >> thank you very much. again, folks, this comes down to -- take it from the geeks here at fox. money in and money out. we're getting a lot of money coming into the country, a lot of it from all sorts of folks, including you. so the problem is not all the money coming in, it's all the money going out. this is endem nick of what is wrong in the country. we're big on proposing more money to throw at problems but never looking at the money we have already thrown at that problem.
we have a cook county tax, city tax, an epa tax and a variable state tax that is as high as the price of gasoline goes, the higher the price of the taxes. you have to put a stop to the madness and just raising raisine federal tax, it's going to kick consumers in the teeth who are already struggling from higher healthcare cos, uncertain job market, and now late rates the gas taxes. nothing that hurts the american consumer more than higher gas taxes. i'm the first guy who hears about it when tax...
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Sep 24, 2013
09/13
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if you will help me reform the tax code. we're becoming greece if we don't do this. >> over 30 years. i want to harmonize it, 67, i want testing for my income level. newt's income level. pay the actual costs. >> you support the chain cpi. we cut $650 from social security benefits between the ages of 65 and 70. and make massive cuts for disabled vets. >> i'm trying to save the country from bankruptcy. when the president of the united states who i usually don't agree with, put cpi on the table, i thought it was a courageous thing to do. i am willing to flatten that. at a code out and go to the people of manager. and we'll take deductions off, take it back for the many, not just the few. if you don't help with entitlements. >> when lindsey talks about reforming entitlements, he means cutting social security and medi-cal. i think that's a bad idea. >> and i would say, we're about to run out of time. >> what you're talking about is going bankrupt. we want to invite you to come back. we'll have you back on access for health care.
if you will help me reform the tax code. we're becoming greece if we don't do this. >> over 30 years. i want to harmonize it, 67, i want testing for my income level. newt's income level. pay the actual costs. >> you support the chain cpi. we cut $650 from social security benefits between the ages of 65 and 70. and make massive cuts for disabled vets. >> i'm trying to save the country from bankruptcy. when the president of the united states who i usually don't agree with, put...
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Jun 25, 2013
06/13
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these are 'taxing times' at starbucks. the chain revealed this week it will pay 20 million pounds in corporate taxes in the u.k. starbucks has faced backlash for failing to pay corporate taxes in britain for several years. it had previously claimed it was unprofitable in the u.k. a game of ceo shuffle is going on in the retail industry. beauty products company ulta has just named a new ceo. mary dillon will become the new chief executive officer. dillard was the ceo of wireless company u.s. celluar. she takes the helm at ulta from former ulta ceo chuck rubin, who resigned to become ceo of michael's stores. all the while, ulta has gained popularity with consumers shopping for well-known beauty brands offered at ulta, and shares of the stock are up roughly 30% from a 52-week low in march. in ipo news, luxury department store chain neiman marcus may soon hang it up as a private company. it has filed for a $100 million ipo. the company's private equity owners have been shopping around for options, and debated selling the compa
these are 'taxing times' at starbucks. the chain revealed this week it will pay 20 million pounds in corporate taxes in the u.k. starbucks has faced backlash for failing to pay corporate taxes in britain for several years. it had previously claimed it was unprofitable in the u.k. a game of ceo shuffle is going on in the retail industry. beauty products company ulta has just named a new ceo. mary dillon will become the new chief executive officer. dillard was the ceo of wireless company u.s....
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Apr 15, 2013
04/13
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FOXNEWSW
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income tax. there are sneaky taxes that most of you may not even know about that. >> we pay them all day long from the moment i wake up and turn on the light. i pay more when i brush my teeth, license my dog, my building pays property taxes and when they leave home to take the subway i paid the metropolitan commuter one negative commuter tax. i make phone calls or get a bite to eat, soda and drink drink, when a gas up my car as much as one-quarter of the price is the state and city excise taxes. people pay sales taxes all day long. so many taxes. i need a drink. i am lucky i don't smoke. this is one reason american economic growth has stalled says scott hodge president of the tax foundation. when i think of these rules i think of safety regulations and the constant spiderweb not the tax code. we have done okay with the tax code. >> the tax code is a mess because of the 70,000 pages that dictate virtually every aspect of our lives and cost americans 6 billion hours of our time just to comply. six
income tax. there are sneaky taxes that most of you may not even know about that. >> we pay them all day long from the moment i wake up and turn on the light. i pay more when i brush my teeth, license my dog, my building pays property taxes and when they leave home to take the subway i paid the metropolitan commuter one negative commuter tax. i make phone calls or get a bite to eat, soda and drink drink, when a gas up my car as much as one-quarter of the price is the state and city excise...
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Nov 16, 2013
11/13
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we don't need more taxes. we have record numbers coming in. >> well, brenda, i mean, our government outlays are actually not that far off from historical trends from 1940 to -- >> that's not true. >> -- from 1940 to 2012 government outlays were, what, 20.6% of gdp and 2012 it was 22.8%. we're not that far off, and taxing isn't the problem either because we actually have gone down as a percentage of our gdp. so yeah, many years ago when i was a kid, movies cost $5 and now they cost $10. that record isn't really meaning anything. >> tracy, take her on. >> it's so crazy on so many levels. first of all we're benefiting from low interest rates right now, that might be part of the reason why the number is down. watch when interest rates go down how our monthly interest rate goes through the roof. that is going to cripple the country. second of all you find me one person that does a happy dance come tax time that doesn't owe more and more every year. sit down and do your tax return you can't believe how much money we
we don't need more taxes. we have record numbers coming in. >> well, brenda, i mean, our government outlays are actually not that far off from historical trends from 1940 to -- >> that's not true. >> -- from 1940 to 2012 government outlays were, what, 20.6% of gdp and 2012 it was 22.8%. we're not that far off, and taxing isn't the problem either because we actually have gone down as a percentage of our gdp. so yeah, many years ago when i was a kid, movies cost $5 and now they...
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Sep 18, 2013
09/13
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its better known as the robin hood tax, it proposes a 50-cent tax for every 100-dollars of specific kinds of financial transactions. the group has two hundred million supporters including warren buffett and bill gates. new data from the census bureau contains some troubling news...46-and-a-half million americans are living in poverty. incomes dropped significantly during the great recession and are still 8% below levels in 2007. earners in the top 5% have seen income gains of 67% the u-s department of labor extends minimum wage and overtime protections to 2- million home healthcare workers. starting in january of 20-15 "direct care" workers will be covered by the fair labor standards act. congressional republicans had argued against the change saying it could mean a reduction in hours for these workers. the obama administration says the move protects employees rights to decent wages. holiday sales predictions aren't too merry.as consumers remain cautious about there gift giving budgets. shoppertrack analysis projects holiday sales will rise 2.4% this year. down from 3% last year.add to th
its better known as the robin hood tax, it proposes a 50-cent tax for every 100-dollars of specific kinds of financial transactions. the group has two hundred million supporters including warren buffett and bill gates. new data from the census bureau contains some troubling news...46-and-a-half million americans are living in poverty. incomes dropped significantly during the great recession and are still 8% below levels in 2007. earners in the top 5% have seen income gains of 67% the u-s...
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May 21, 2013
05/13
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KICU
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attempting to convince congress the tech company does not cheat on its taxes for tax reform triple a says to expect to pay more for gasoline during the memorial day holiday. the current price is $3.65 per gallong unleaded. knock out trading. the dow and s&p touched all time highs in the trading session..then fell back after the president of the chicago fed said the economy still faces headwinds. gold rallied 31 dollars=--but is still below 1,400 oil up 65 cents. tom boylen of performance trust joins us on this tuesday for an early check on the bond market. good morning to you and we have the fed chair ben bernanke speaking to congress on wednesday. what are you seeing as far as the bond market. what are the bonds telling us? > >the ten year treasury is trading around 195-196 yield, still below 2%. we don't expect much change from bernanke in terms of the tone and what the federal reserve is doing. where you might see some fireworks is in the q &a session. this is a chance for the senate banking committee to ask some tough questions, see if quantitative easing is helping. what's it go
attempting to convince congress the tech company does not cheat on its taxes for tax reform triple a says to expect to pay more for gasoline during the memorial day holiday. the current price is $3.65 per gallong unleaded. knock out trading. the dow and s&p touched all time highs in the trading session..then fell back after the president of the chicago fed said the economy still faces headwinds. gold rallied 31 dollars=--but is still below 1,400 oil up 65 cents. tom boylen of performance...
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Nov 11, 2013
11/13
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KICU
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tax refund robbers are working overtime. the number of people missing out on a tax refund because their identity was stolen is growing at epic levels according to an irs watchdog group. last year, 1.2 million taxpayers were ripped off. in the first half of this year-- the number shot up to 1.6 million. the report says the irs is making progress to stop the crimes, but it's becoming challenging to catch the identity theives who are taking other people's tax refunds because many scammers are overseas. and are constantly changing tacts to steal identities. detroit is at a standstill. the city is awaiting a ruling from bankruptcy judge steven rhodes to determine its elibility for chapter 9. closing arguments in the trial wrapped up on friday. rhodes will deliberate after hearing 50 hours of testimony over the past several weeks. if the city is eligible, officials say they will submit a plan to restructure by the end of the year. a vote this week could determine where production of boeing's new 777x jet lands. the 777 is built in
tax refund robbers are working overtime. the number of people missing out on a tax refund because their identity was stolen is growing at epic levels according to an irs watchdog group. last year, 1.2 million taxpayers were ripped off. in the first half of this year-- the number shot up to 1.6 million. the report says the irs is making progress to stop the crimes, but it's becoming challenging to catch the identity theives who are taking other people's tax refunds because many scammers are...
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Feb 19, 2013
02/13
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KICU
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plus, why online tax filing is opening the door to cyber-scams. and, meet your match. where to find investors who will fund your idea. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's tuesday, february 19th. i'm angela miles. in today's first look: traders gear up for today's session following a 3-day weekend. the s&p 500 is on a winning streak. here's where we left off friday: stocks stayed close to the flat line, but beyond those numbers, the dow is down 2 weeks in a row while the s&p has made gains 7 weeks in a row. gold and oil both sold off. and billionaire eddie lampert, who is running sears, is boosting his stake in gap. traders have plenty to keep them busy today. trader andrew keene, president of keeneonthemarket.com, joins us now. let's start with g20. what will the yen trade be off of that meeting that happened over the weekend? > > very, very simple: if i see a rally in the yen, the euro, or the british pound, i will be looking to get short all of those. i want to sell thos
plus, why online tax filing is opening the door to cyber-scams. and, meet your match. where to find investors who will fund your idea. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's tuesday, february 19th. i'm angela miles. in today's first look: traders gear up for today's session following a 3-day weekend. the s&p 500 is on a winning streak. here's where we left off friday: stocks stayed close to the...
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Jul 5, 2013
07/13
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taxes, accounted for $184 billion of that amount, although the fiscal cliff deal also raised taxes on top earners. "and as people get jobs, they don't need housing assistance. so, some of this is structural, regardless of the government." with more people working, the biggest drop came in the payment of unemployment benefits - down 25%. also, defense spending fell 5.3% and other non-defense spending was down 8.6%, such as payments to mortgage finance agencies such as fannie mae - itself about to turn a financial corner. "what fannie mae is about to do is reverse tax credits that that they essentially had wiped out after they were no longer profitable. these tax credits they can put back onto their balance sheet when they believe that they're profitable, and they'll remit that to the treasury. that's expected to be about $53 billion." though it's a long way from a surplus, this year's deficit is about a third less than it was last year at this time. it also pushes back the deadline for raising the debt ceiling into october. foreign auto-makers are making a greater effort to produce car
taxes, accounted for $184 billion of that amount, although the fiscal cliff deal also raised taxes on top earners. "and as people get jobs, they don't need housing assistance. so, some of this is structural, regardless of the government." with more people working, the biggest drop came in the payment of unemployment benefits - down 25%. also, defense spending fell 5.3% and other non-defense spending was down 8.6%, such as payments to mortgage finance agencies such as fannie mae -...
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Nov 18, 2013
11/13
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and if we want growth, we need tax cuts. if we want peace, we got to spend on the military, and as we remember kennedy, he was a conservative, by the book. >> all right. don't hear it often, jfk, a conservative. just as a reminder here, no one has given a better argument for lowering taxes, and i include ronald reagan, then jfk. go figure. meanwhile, the big bet on big government. guess who lost. announcer: where can an investor be a name and not a number? scotade. ron: i'm never alone with scottrade. i can always call or stop by my local office. they're nearby and ready to help. so when i have questions, i can talk to someone who knows exactly how i trade. because i don't trade like everybody. i trade like me. that's why i'm with scottrade. announcer: ranked highest in investor satisfaction with self-directed services by j.d. power and associates. >>> all right, we're now getting word that janet yellen will be put to a vote to be the next chairman of the federal reserve replacing bernanke. this is said to be a perfunctory v
and if we want growth, we need tax cuts. if we want peace, we got to spend on the military, and as we remember kennedy, he was a conservative, by the book. >> all right. don't hear it often, jfk, a conservative. just as a reminder here, no one has given a better argument for lowering taxes, and i include ronald reagan, then jfk. go figure. meanwhile, the big bet on big government. guess who lost. announcer: where can an investor be a name and not a number? scotade. ron: i'm never alone...
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the states that also take a hit on how unpaid furloughs affect the tax cleks in the state. virginia does have some financial cushion, though. mcdonald can use about $13 million in a reserve fund createded by the general assembly last year. >>> and right now the fairfax county fire and rescue department will wear pink shirts. they're supporting the new garb now until october 14th for breast cancer awareness month. for the second half of the month, firefighters will wear purple wristbands in support of the fight against domestic violence, which is also recognized in october. >>> and this morning, crews are repairing tiny cracks in the columns at the virginia capitol. the microscopic cracks are in the stucco surrounding eight columns on the southport coe. those cracks have led to water forming underneath the portico. a richmond company has been hired to fill in and coat the columns at a cost of about $82,000. the state says the 2011 east coast quake could have contributed to these cracks being formed. >>> well, the shutdown of the government here in washington is having a surp
the states that also take a hit on how unpaid furloughs affect the tax cleks in the state. virginia does have some financial cushion, though. mcdonald can use about $13 million in a reserve fund createded by the general assembly last year. >>> and right now the fairfax county fire and rescue department will wear pink shirts. they're supporting the new garb now until october 14th for breast cancer awareness month. for the second half of the month, firefighters will wear purple...
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Jan 30, 2013
01/13
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KICU
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deals on your tax returns could be too good to be true. and, luck of the zuck. a look at how america's youngest billionaire built the facebook empire. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's wednesday, january 30th. i'm angel miles. in today's first look: the blue chips turn green, very green. yesterday, the dow finished the session up 72 points to 13,954. the blue chips are now back to levels we have not seen since the financial crisis in 2007, when the dow hit an all-time high of 14,164. amazon amazes despite a drop in profits. last night the e- tailer reported strong holiday sales of its kindle e-readers and a boost in operating incomes. the federal reserve makes an announcement on rates today around 2:15 eastern, wrapping up a two-day meeting. and the senate has confirmed john kerry as the next secretary of state. joe cusick of optionsxpress join us now. joe, there is a lot to talk about this morning, including the dow closing in on 14,000. what is your take? > > yo
deals on your tax returns could be too good to be true. and, luck of the zuck. a look at how america's youngest billionaire built the facebook empire. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's wednesday, january 30th. i'm angel miles. in today's first look: the blue chips turn green, very green. yesterday, the dow finished the session up 72 points to 13,954. the blue chips are now back to levels we have...
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May 8, 2013
05/13
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it also allows the car company to avoid paying large import taxes. in earnings news, profits at london based hsbc doubled to $8.4 billion. cost-cutting, selling of assets and a decline in bad debts led to the better- than-expected results. hsbc's ceo tells reporters challenges are still ahead. the bank will give investors a progress update next week. closer to home, protesters are at the ready for today's bank of america shareholder meeting. police blocked off streets a day early as protestors began to arrive in charlotte, north carolina, near the bank's headquarters. they are demonstrating over foreclosures and the banks' financing of the coal industry. bank ceo brian moynihan will be speaking with sharehoulders about mortgage lawsuits as well as the future of the financial firm. bank of america shares are up around 7% this week. the debate over the keystone xl pipeline is not over. bloomberg reports brigham mccown, former pipeline safety regulator, calls this "the decade of pipelines." mccown says the debate will continue, and more u.s. companies w
it also allows the car company to avoid paying large import taxes. in earnings news, profits at london based hsbc doubled to $8.4 billion. cost-cutting, selling of assets and a decline in bad debts led to the better- than-expected results. hsbc's ceo tells reporters challenges are still ahead. the bank will give investors a progress update next week. closer to home, protesters are at the ready for today's bank of america shareholder meeting. police blocked off streets a day early as protestors...
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Apr 19, 2013
04/13
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KICU
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maybe it is the fear that we all had with the government cutbacks and also the tax hike that we had - that's the increased payroll tax for social security that we saw - so that is biting into the economy. but clearly, almost all the data, not only here but around the world, has come out weaker, so that is real; and combine that with some disappointing earnings on balance, and i think that is cause for concern or pause for the market right now. - gold futures made a mighty move to the downside this week. what are you seeing in gold mining stocks? - wow, i tell you, it was a real blowout in gold. gold is one of those assets, but i look at gold back in '08 was, i think, a low $600, and it is now still, what, close to $1,400? so, a set-back was ok, it was just one of those classic commodity washouts. gold miners, on the other hand, they have lagged the price of gold for the past several years at least, and a lot of that has to do with their cost of production and some of the acquisitions they've made and some of the operating cost or lack of management of such. so it's a little different.
maybe it is the fear that we all had with the government cutbacks and also the tax hike that we had - that's the increased payroll tax for social security that we saw - so that is biting into the economy. but clearly, almost all the data, not only here but around the world, has come out weaker, so that is real; and combine that with some disappointing earnings on balance, and i think that is cause for concern or pause for the market right now. - gold futures made a mighty move to the downside...
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Dec 3, 2013
12/13
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FOXNEWSW
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no new taxes. >> if you liked your doctor, you will be able to keep your doctor period. it's a punchline. this is definitely barack obama's read my lip s moment. >> let me get emily in here to defend whether or not you think it is that serious of a moment. whether we still remember that. >> look, i think today is a rebrand. today is a hit restart button on it. since the health care law started to go into effect. the website was not good but it is not the law. there are other pieces that have gone into effect like being able to get new coverage. young people being able to stay on their parent's coverage. >> yeah, but today republicans agreed on. those are not the things that we are hearing about that are problems with the law itself. but now the president is going to come forward during the month of december. 15 minutes from now we will see what that is about. have a great day. >> thank you. >> the white house seems to be running out of excused for the problems with the website. >> where is the accountability? will somebody get fired over this? >> it is impossible to do s
no new taxes. >> if you liked your doctor, you will be able to keep your doctor period. it's a punchline. this is definitely barack obama's read my lip s moment. >> let me get emily in here to defend whether or not you think it is that serious of a moment. whether we still remember that. >> look, i think today is a rebrand. today is a hit restart button on it. since the health care law started to go into effect. the website was not good but it is not the law. there are other...
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Dec 21, 2013
12/13
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they are not registered the tax preparers. many of them likely don't have college degrees and you are giving them the same exact type of information. why haven't you ever expressed concern about criminal back checks for people who are doing that? >> i would. in fact, before i would entitle them to my social security or my tax returns, i would make sure that they weren't criminals or misusing it. >> how do you do that? h&r block doesn't do it. >> by the way, i am an h&r block tax preparer. they check in to it. >> whether they are college educated or not is not the point. if h&r block employees misuse private information, h&r block goes out of business. if the obamacare navigator misuse that information they will get more funding. there is a big difference between government-driven entities and the private sector. >> bill you see that difference clearly, don't you? >> listen, there are crooked tax preparers out there. they go to jail. there are ways to deal with that. i'm not going to outlaw the industry because i don't like the
they are not registered the tax preparers. many of them likely don't have college degrees and you are giving them the same exact type of information. why haven't you ever expressed concern about criminal back checks for people who are doing that? >> i would. in fact, before i would entitle them to my social security or my tax returns, i would make sure that they weren't criminals or misusing it. >> how do you do that? h&r block doesn't do it. >> by the way, i am an h&r...
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Nov 3, 2013
11/13
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FOXNEWSW
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tax and medicaid tax. it is it a system that i am part of and as soon as my income disqualified i will pay back in the system and that is fair and i think that that is how it is supposed to work. >> four kids and no health care, have you looked to see how expensive it is for your family if you signed up? >> yeah, i have. >> what does it costs? >> if i didn't go through obama care, i would be paying thousand a month for our family of five right now. >> a thousand a month. >> and that is on on >> that's basic as it can get. >> wow, so that is notap option for you. a thousand a month? >> no, my husband works a high risk construction job and i would like to have the best coverage for him. if something happens to him our family suffers greatly. >> i hope that something happens good for you already it has to have four wonderful children and thank you very much casandra. brendan thank you for being here. it is important part how obama care works. >> a lot of parents want your kids to be doctor and income and desi
tax and medicaid tax. it is it a system that i am part of and as soon as my income disqualified i will pay back in the system and that is fair and i think that that is how it is supposed to work. >> four kids and no health care, have you looked to see how expensive it is for your family if you signed up? >> yeah, i have. >> what does it costs? >> if i didn't go through obama care, i would be paying thousand a month for our family of five right now. >> a thousand a...
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Dec 4, 2013
12/13
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MSNBCW
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tax senate democrats are going on cuts to providers. in one release mark pryor release said pryor's deciding vote for obama care cut from medicare including nearly 5.4 billion collectly from arkansas. it's a familiar line of attack that was litigated and litigated and litigated and discredited in the last election. >> when congressman ryan looked into the camera and attacked president obama's medicare savings as "the biggest coldest power play," i didn't know whether to laugh or cry. that $716 billion is exactly to the dollar the same amount of medicare savings that he had in his own budget. >> that's always been a problem for republicans on this line of attack. house republicans tell us that they are not looking at the medicare attack line. they want to continue to highlight individual stories when it comes to health care. stories about canceled plans or higher costs. here's what we know they are not going to do. they are not going to walk away from the issue. it's too potent of an issue for the base and what they believe swing voter c
tax senate democrats are going on cuts to providers. in one release mark pryor release said pryor's deciding vote for obama care cut from medicare including nearly 5.4 billion collectly from arkansas. it's a familiar line of attack that was litigated and litigated and litigated and discredited in the last election. >> when congressman ryan looked into the camera and attacked president obama's medicare savings as "the biggest coldest power play," i didn't know whether to laugh or...
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Dec 10, 2013
12/13
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KICU
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finally on the other end of the spectrum you talk the state taxes state taxes that system is one of the main ways the government has redistributed income over time. that whole system has been decimated over the past 10 years or so. we see the government allow wealthy individuals to send more and more of their income to their children and grandchildren. > > and very quickly before and you take off, how critical is it to have a college degree in the current environment? > > education is essential every single thing that we look at shows us that the higher education level that you attain, the higher your income the better your health care and the better your able to have control over your financial future. education is everything. you can't emphasize it enough. > > great to have the on the show. thank you, chris. thank you. coming up... the surprisingly savvy way some "traders" get deals on airlines tickets- and why one money manager is beefing up his portfolio with shares of mcdonald's. that's after this in the know message see these hands? they gripped the wheel of a humvee in afghanista
finally on the other end of the spectrum you talk the state taxes state taxes that system is one of the main ways the government has redistributed income over time. that whole system has been decimated over the past 10 years or so. we see the government allow wealthy individuals to send more and more of their income to their children and grandchildren. > > and very quickly before and you take off, how critical is it to have a college degree in the current environment? > > education...
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Aug 9, 2013
08/13
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KICU
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topic number one: tick tax talk - will the stock market tick up on all this talk about tax reform? - what's really interesting is that in america, we've got the lowest effective rates or middle-of-the-pack effective rates as far as corporate taxes go, but everybody complains about the headline tax, which really, i don't think, has hurt profitability. - that's why you see a lot of the tech companies - microsoft and apple being a couple of them - keeping their money overseas. apple has all this cash they're hoarding - they actually don't have it. it's in europe. they have to bring it over here. i don't know if this will actually make the stock market rally or not, but there is a big complaint in washington about this topic. - topic number two: doing the mcmath on those mcsalaries - word has it that if you double worker wages at mcdonald's, the price of a big mac will rise. what does this mean for the stock? - this is interesting. i read a couple different studies, and some people have said if they double the wages, it wouldn't affect the stock price at all. i don't understand how tha
topic number one: tick tax talk - will the stock market tick up on all this talk about tax reform? - what's really interesting is that in america, we've got the lowest effective rates or middle-of-the-pack effective rates as far as corporate taxes go, but everybody complains about the headline tax, which really, i don't think, has hurt profitability. - that's why you see a lot of the tech companies - microsoft and apple being a couple of them - keeping their money overseas. apple has all this...
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May 27, 2013
05/13
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FOXNEWSW
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you can't tax time. if you get paid your overtime, you are actually, then you pay a tax on that and the time -- what does that work. the irs can't tax you. why wouldn't you take the time? >> eric: the other part of the question, you actually reducing tax revenue if you give time instead of payment of time. also, economically as a business i would rather give people time off. you have three people and 30% of the time off instead of time and a half. >> firemen, police officers, so many people budget, if they can get a certain amount of overtime they can support their families. >> bob: they need overtime to make a living. by the way, eric, you don't need overtime to make a living. you should take it anyway. what would you do if you had five weeks? [ laughter ] >> dana: he could come up with more genius ideas. i think that president obama ought to call you for the next cabinet meeting. how does bob have a picture? >> he won't show. >> i had a hat on, right. >> you practice good sun protection. >> a hat, suns
you can't tax time. if you get paid your overtime, you are actually, then you pay a tax on that and the time -- what does that work. the irs can't tax you. why wouldn't you take the time? >> eric: the other part of the question, you actually reducing tax revenue if you give time instead of payment of time. also, economically as a business i would rather give people time off. you have three people and 30% of the time off instead of time and a half. >> firemen, police officers, so...
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Jan 29, 2013
01/13
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WRC
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tax season was to begin on the 22nd. but the agency had to push back the date because of changes to tax policy made in the last minute fiscal cliff deal. many online or tax filing services have been accepting returns but they will not submit them until tomorrow. the irs says e-file is the fastest way to get a refund. >>> futures are flat. cnbc's shartia brantley has that story and more. good morning. >> good morning, eun. futures are flat after the markets took a breather on monday. the dow snapping the seven-day winning streak while the s&p 500 ended after eight days. tech may get a boost after yahoo! reported decent earnings last night. home prices and consumer confidence and more earnings from ford. eli, lily and pfizer. the fed kicks off a meeting that's expected to signal it will keep rates low for a long time. the dow falling 14 points to 13,881. but the nasdaq added 4 to 3154. meanwhile, a new report from a consumer watchdog group says states are forcing jobless americans to pay millions in unnecessary fees just t
tax season was to begin on the 22nd. but the agency had to push back the date because of changes to tax policy made in the last minute fiscal cliff deal. many online or tax filing services have been accepting returns but they will not submit them until tomorrow. the irs says e-file is the fastest way to get a refund. >>> futures are flat. cnbc's shartia brantley has that story and more. good morning. >> good morning, eun. futures are flat after the markets took a breather on...
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Aug 2, 2013
08/13
by
KICU
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i mean, we're stimied by the desire of the majority to raise taxes again." the republican-led house is expected to vote today on repealing obamacare. it's at least the 40th attempt to bring down the law. the sec is celebrating a big win. this week, a jury ruled that former goldman sachs trader fabrice tourre is liable for misleading investors in a mortgage-related investment. the jury said tourre had violated federal securities law. he faces fines and a possible ban from the industry. in a statement, the sec says tourre put together a complicated financial product designed to maximize the likelihood that it would fail, and marketed and sold it to investors without appropriate disclosure. an emotional horse-slaughtering dilemma is unfolding in new mexico. in a federal hearing will fight for permission to convert its cattle operation into a horse slaughterhouse. it's viewed as a way to control the overpopulation of wild horses in the west. however, animal rights groups call it cruel. a plant in iowa could become the first in the nation to resume the slaughters
i mean, we're stimied by the desire of the majority to raise taxes again." the republican-led house is expected to vote today on repealing obamacare. it's at least the 40th attempt to bring down the law. the sec is celebrating a big win. this week, a jury ruled that former goldman sachs trader fabrice tourre is liable for misleading investors in a mortgage-related investment. the jury said tourre had violated federal securities law. he faces fines and a possible ban from the industry. in a...
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Apr 5, 2013
04/13
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KICU
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definitely not discrimination. - bonus round time: tax breaks: which one is the legit tax deduction, babysitter money or money for cat food? - all deductions are legitimate unless you get audited. - definitely would never say that on air. b. - you're right. it's cat food. there was a junkyard owner, and he proved that his cat killed rats and mice, so the government said ok. - boom. don't get cats. dogs. - there's the bell. thanks a lot guys. first business continues right after this. i wanted to be in the military since i was a kid. i served a total of 16 years. and at 19 years old, that's the first time i ever saw somebody die. coming back, i was raging. i started having pretty horrible nightmares. i started drinking a lot. i guess i never recognized it in myself. it all starts with going to the va. there's a whole community of veterans that just want to help you out. it's for the guys who couldn't come back, you owe it to them to live well. because they're not here with their families. traders keep talking about social media stocks, and so do we. tim biggam of moneyblock joins us n
definitely not discrimination. - bonus round time: tax breaks: which one is the legit tax deduction, babysitter money or money for cat food? - all deductions are legitimate unless you get audited. - definitely would never say that on air. b. - you're right. it's cat food. there was a junkyard owner, and he proved that his cat killed rats and mice, so the government said ok. - boom. don't get cats. dogs. - there's the bell. thanks a lot guys. first business continues right after this. i wanted...
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Apr 2, 2013
04/13
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KICU
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airlines were challenging federal rules that taxes and fees must be included in advertised ticket prices. it is a victory for the transportation department, which enacted the rules to reduce consumer confusion. volkswagen & mitsubishi plan to bump up hiring. volkswagen wants to increase its headcount to 600,000 over the next 5 years as it strives to become the world's largest car maker. mitsubishi plans to expand its u.s. operations after selling just 58,000 cars here last year. meanwhile, in japan, sales of mini-mobiles are reaching a record high. a new report says car companies sold 1.57 million mini cars, up 23% from last year. analysts believe it signals a shift in the market with a move away from family-sized vehicles to smaller cars. tesla is turning a profit, and it's driving share prices higher. tesla stock jumped more than 15% yesterday as the high- tech automaker revealed its electric sedan sales exceeded expectations. the profit is a first for the electric car company. we'll have more in chart talk. a protest in west virgiana over patriot coal's bankruptcy re- organization pla
airlines were challenging federal rules that taxes and fees must be included in advertised ticket prices. it is a victory for the transportation department, which enacted the rules to reduce consumer confusion. volkswagen & mitsubishi plan to bump up hiring. volkswagen wants to increase its headcount to 600,000 over the next 5 years as it strives to become the world's largest car maker. mitsubishi plans to expand its u.s. operations after selling just 58,000 cars here last year. meanwhile,...
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Sep 1, 2013
09/13
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FOXNEWSW
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anything that the irs is involved in is tax related. it's a tax. >> tom, thoughts? >> i wonder why john roberts ruled the way he did when he -- it made no sense. and he kind of gave them this loophole and now they can go back on it. now they admit that it was not a tax, but it does not matter, we are saltddled with this thing. >> he ruled according to the constitution. >> he thought, i'm not going to overturn it, it's your job, voters, and we let him down. >> i think it's because he is a rhino. >> animals cannot be on the supreme court, bill. >> yes, they can. if grover, a muppet can weigh in. then he can. >> the whole thing is unconstitutional. the ruling was that it was constitutional because it was a tax. so, now that it's not a tax, it's unconstitutional and we don't have to use it. so look at that. >> where does that lead us. >> obama-care is gone. >> is it that simple? >> as of this airing when people city the show. it's dead. >> you said the same thing about bill. >> that was wishful thinking. i know, we do have to worry about obama-care in space though. >> a
anything that the irs is involved in is tax related. it's a tax. >> tom, thoughts? >> i wonder why john roberts ruled the way he did when he -- it made no sense. and he kind of gave them this loophole and now they can go back on it. now they admit that it was not a tax, but it does not matter, we are saltddled with this thing. >> he ruled according to the constitution. >> he thought, i'm not going to overturn it, it's your job, voters, and we let him down. >> i...
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Oct 25, 2013
10/13
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KICU
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one analyst notes gray areas in the tax code. billionaire carl ichan is pumping up the pressure on apple ceo tim cook to share the wealth with investors. apple shares climbed higher by nearly $7 dollars yesterday. ichan tells cook he plans to up his stake in the tech company by 22% to 4.7 mlilion shares. ichan is demanding that apple buy back $150 billion dollars in stock. cnbc reports-- ichan may start up a proxy fight. apple already plans to return $100 billion to share holders. the company reports earnings monday. walmart has been called out for stocking halloween costumes for children that parents say, aren't kid stuff. our cover story takes a look at kids costumes that may push the envelope too far for those too young. at a time when some costumes for adults push the limits of discretion, there's concern that this trend is influencing children's costumes. this year as halloween approached, walmart stocked a costume for toddlers called "naughty leopard." "is this appropriate?" beginning in september, media outlets asked if "n
one analyst notes gray areas in the tax code. billionaire carl ichan is pumping up the pressure on apple ceo tim cook to share the wealth with investors. apple shares climbed higher by nearly $7 dollars yesterday. ichan tells cook he plans to up his stake in the tech company by 22% to 4.7 mlilion shares. ichan is demanding that apple buy back $150 billion dollars in stock. cnbc reports-- ichan may start up a proxy fight. apple already plans to return $100 billion to share holders. the company...
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Mar 11, 2013
03/13
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KICU
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taxes are set and we've raised them. remember we were making tax policy in six month increments. so we have good news there. sequestration is over. the world didn't end. so all of these things are affirming a positive economic cycle. we have some more things to go through though. we've got the continuing resolution to finish the budget at the end of this month and then we have to get through the debt ceiling at the end of next month. but there seems to be some cooperation in washington and really that's what's been killing us lately. if there's progress there you should see it in the economy. > >what typically happens in springtime? things warm up, the economy starts adjusting accordingly. do you look forward to something happening that might tweak the numbers even more? > > so in springtime what you get is people traveling around more, you get more shopping because the weather is better and you get construction season. that's where you get the big surge is guys can get out and start putting things together again. we've had good housing numbers. prices have been going up. houses
taxes are set and we've raised them. remember we were making tax policy in six month increments. so we have good news there. sequestration is over. the world didn't end. so all of these things are affirming a positive economic cycle. we have some more things to go through though. we've got the continuing resolution to finish the budget at the end of this month and then we have to get through the debt ceiling at the end of next month. but there seems to be some cooperation in washington and...
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Mar 19, 2013
03/13
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FOXNEWSW
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this is a big deal. >> neil: this was an asset tax. something to which we're not immune here because with the healthcare law, there's the medicare hsu tax on selling real estate and x amount. so we already have that built in. so the -- i'm not saying the next stop is the depositor tox but we do have asset tax. >> absolutely there has been talk about the consumer financial protection bureau taking control and oversight of 401k accounts so they can make sure people aren't being ripped off. if you undermine the whole idea of savings, we already have a nationy we're not saving enough for retirement. all we need to do is undermine our financial system as well and it's just disaster on the way. >> neil: i'm not happy. if you don't watch fox business, she's going to come with her best-selling book and force you to read it. >> a fox news alert. the white house easter egg roll is not at risk. why there is an excess warning we're all about to get scrambled most people think that after an accident, you'll have to pay five hundred bucks for your d
this is a big deal. >> neil: this was an asset tax. something to which we're not immune here because with the healthcare law, there's the medicare hsu tax on selling real estate and x amount. so we already have that built in. so the -- i'm not saying the next stop is the depositor tox but we do have asset tax. >> absolutely there has been talk about the consumer financial protection bureau taking control and oversight of 401k accounts so they can make sure people aren't being ripped...
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Nov 23, 2013
11/13
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FOXNEWSW
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if you look at taxes not just federal taxes but state and local taxes, our tax code is not progressive. it's mostly a flat tax. >> let me help you out. >> that's not true. >> when the bottom 50% -- >> look at different income groups -- >> i'm going to help you out because i have this ingrained in my brain because i debate this all the time. the top 10% pay over 70% of the tax bill in this country the bottom 50% pay nothing. how could you say that is -- i've got the numbers from the irs. >> those are only federal taxes. only federal taxes. >> oh, good grief. >> local and state taxes -- >> you're saying if i tax marijuana. go ahead, you're back to drugs. >> that's fine. but you've said this on your show before if you drained the bank accounts of all the 1% of this country, it wouldn't even put a dent in our federal deficit. so that solution is not viable. >> how many of you think our foreign policy is getting weaker? how many don't? what's that? >> how many think when the muslim brotherhood took over in egypt and we gave them -- muslim brotherhood, a guy that once referred to the israeli
if you look at taxes not just federal taxes but state and local taxes, our tax code is not progressive. it's mostly a flat tax. >> let me help you out. >> that's not true. >> when the bottom 50% -- >> look at different income groups -- >> i'm going to help you out because i have this ingrained in my brain because i debate this all the time. the top 10% pay over 70% of the tax bill in this country the bottom 50% pay nothing. how could you say that is -- i've got the...
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Oct 23, 2013
10/13
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FOXNEWSW
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now he says he wants to pivot to tax increases. harry reid said the only way they will do entitlement reform is if we increase taxes. he said the only way he would reform is we have to accept a senate bill. >> i understand if you are a republican you may feel that you got burned from this budget battle. a lot of people believe it is important to tackle the immigration issue. do you believe that? >> absolutely. i'm writing legislation right now that deals with legislation. that deals with aspects of immigration reform. the question will be if we have willing negotiators on the other side. there is no reason to negotiate with him on these issues. >> the interesting thing is some people feel that is his attitude with republicans that wanted to shut down the government. how ironic do you think it is that the president's spokes person is starting to talk about depllaying obama care? >> it is the most amazing thing that we have seen. we don't need to make a huge deal out of the website issues. the problem is obama care is not the website
now he says he wants to pivot to tax increases. harry reid said the only way they will do entitlement reform is if we increase taxes. he said the only way he would reform is we have to accept a senate bill. >> i understand if you are a republican you may feel that you got burned from this budget battle. a lot of people believe it is important to tackle the immigration issue. do you believe that? >> absolutely. i'm writing legislation right now that deals with legislation. that deals...
WHUT (Howard University Television)
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892
Nov 7, 2013
11/13
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WHUT
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somebody has threatened washington with you cannot raise tax dollars, and it has got to come from deep pockets. use our highways, use our airports, use our libraries, use our universities, and they hoard it away and sit in an office and moved the rose and decimal andts -- and move zeroes decimal points around. it breaks my heart. there are a lot of things that .eed some help >> i have two days to go, and i can do this for days. given all our fellow citizens are up against, when they take our money and choose to spend it to come see al jarreau, you're going to give them the best show you can give them, but given what the people are up against, umph inat put a little your performance? thatat's always been there my audience is not flush with money. these are people who work hard to see me. audience, but my audience has always been people who are struggling to stay in the middle class. everyday people. i've got 30 seconds. of our dearlys department friend, george duke. >> we celebrate george every night since he went back to the from which he came from. tavis: i love it. al jarreau is welc
somebody has threatened washington with you cannot raise tax dollars, and it has got to come from deep pockets. use our highways, use our airports, use our libraries, use our universities, and they hoard it away and sit in an office and moved the rose and decimal andts -- and move zeroes decimal points around. it breaks my heart. there are a lot of things that .eed some help >> i have two days to go, and i can do this for days. given all our fellow citizens are up against, when they take...